$1,399,000
228 Belmont Ave
Springfield, MA, 01108
Prime investment opportunity awaits with this expansive multifamily apartment building offering strong rental income, excellent tenant appeal, and an unbeatable location. This well-maintained property features a diverse mix of spacious units, designed to attract long-term occupants and maximize year-over-year returns.Inside, residents enjoy generously sized living spaces with functional layouts, abundant natural light, and modernized kitchens and baths. Mechanical systems have been updated for efficiency and long-term durability, including newer heating, plumbing, and electrical improvements that support low-maintenance ownership. The exterior boasts professional management, secured entry, and dedicated off-street parking, with convenient enhancements such as coin-op laundry and private patios. Zoned for multifamily use, the property presents a scalable investment primed with recent MAJOR updates. This building is a must see to appreciate the long term addition to your portfolio!!
Property Details
Price:
$1,399,000
MLS #:
73461145
Status:
Active
Beds:
24
Baths:
8
Type:
Multi Family
Subtype:
5-9 Family
Neighborhood:
forestpark
Listed Date:
Dec 9, 2025
Finished Sq Ft:
13,410
Total Sq Ft:
13,410
Lot Size:
12,349 sqft / 0.28 acres (approx)
Year Built:
1915
Units:
8
Schools
Interior
Above Grade Finished Area
13410
Bathrooms
8 Full Bathrooms
Fireplaces Total
1
Flooring
Hardwood
Levels
5
Exterior
Community Features
Public Transportation, Walk/Jog Trails, Highway Access, House of Worship, Sidewalks
Construction Materials
Brick
Fencing
Fenced/Enclosed, Fenced
Lot Features
Level
Open Parking Spaces
12
Parking Features
Off Street
Parking Spots
12
Parking Total
12
Patio And Porch Features
Deck – Wood, Patio
Roof
Rubber
Stories
5
Window Features
Insulated Windows
Financial
Tax Year
2025
Taxes
$11,004
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Current real estate data for Multi Family in Springfield as of May 05, 2026
103
Multi Family Listed
126
Avg DOM
151
Avg $ / SqFt
$504,901
Avg List Price
Community
- Address228 Belmont Ave Springfield MA
- CitySpringfield
- CountyHampden
- Zip Code01108
Subdivisions in Springfield
Similar Listings Nearby
Property Summary
- 228 Belmont Ave Springfield MA is a Multi Family for sale in Springfield, MA, 01108. It is listed for $1,399,000 To schedule a showing of MLS#73461145 at 228 Belmont Ave in Springfield, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Lock and Key Realty Inc.. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
228 Belmont Ave
Springfield, MA